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Stock Market & Financial Investment News

News Breaks
March 5, 2013
10:14 EDTBBTBB&T sees Q1 NIM in the mid 3.7%s range
Expects later quarters in 2013 to decline at more modest pace. Says core margin outlook remains fairly stable. Says loan growth outlook for Q1 has slowed. Says commercial growth affected by lower mortgage warehouse lending. Says linked quarter average loans projected to be down slightly. Growth in average loans in Q2 expected to improve 2%-4% linked quarter. Says targeting $1B in new loans in 2013 generated from BB&T wealth businesses through enhanced lending platform. Sees NIE lower in 1Q13 vs. 4Q12. Currently estimates Tier 1 common under Basel III to be 7.9% under proposed rules. Comments from slides that will be presented at the Citi Financial Services Conference.
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May 16, 2013
08:33 EDTBBTBofA/Merrill's gobal financial analysts hold an analyst/industry conference call
Global Financial Institutions Analysts discuss their Global Financials Quarterly Best Ideas Report on an Analyst/Industry conference call. Relevant companies AIG, ALL, ASBC, BCH, BKU, BBT, BBD, C, CMA, EVER, FITB, FHN, FRC, FULT, HBAN, ING, KEY, MTB, PNC, RF, STI, SUSQ, SNV, HIG, USB, WFC, XL and ZION may be included on the Analyst/Industry conference call to be held on May 16 at 10 am.

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